30.06.2020 Views

2020 GASSA Member Directory

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Section 6.2. Standards of Conduct for Officers.

(a) An officer with discretionary authority shall discharge his or her duties under

that authority:

(1) In good faith;

(2) With the care an ordinarily prudent person in a like position would

exercise under similar circumstances; and;

(3) In a manner the officer believes to be in the best interests of the

Association.

(b) In discharging their duties, an officer is entitled to rely on information,

opinions, reports, or statements, including financial statements and

other financial data, if prepared or presented by (i) one or more officers or

employees of the Association whom the officer reasonably believes to be

reliable and competent in the matters presented; or (ii) legal counsel, public

accountants, or other persons as to matters the officer reasonably believes

are within the person's professional or expert competence.

(c) An officer is not entitled to the benefit of subsection (b) of this section if the

officer has actual knowledge concerning the matter in question that makes

reliance otherwise

permitted by subsection (b) of this section unwarranted.

(d) An officer is not liable for any action taken as an officer, or any failure to take

any action, if the officer performed the duties of their office in compliance

with this section.

(e) No officer shall be entitled to receive any salary or compensation, but

nothing herein shall be construed to prevent an officer or director from

receiving any compensation from the Association for duties other than an

officer or director.

(f) Current Board Members of competing Georgia Self-Storage Organizations

shall not be allowed to run for or be elected to any Officer position of the

Association.

Section 6.3. Qualifications.

The President, Past President and President Elect of the Association shall be

required to be Full Members of the Association in good standing. .

Section 6.4. Election and Term of Office.

The officers of the Association shall each serve a one (1) year term, elected at the

regular annual meeting of the Board of Directors, except the President Elect, who

51

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!